Archive · 5 Jan 2026
LG Electronics signs APA with CBDT
LG Electronics India, a company that makes electronics, made a special agreement with the Indian tax department.
This agreement removes a big financial worry of ₹487.74 crore.
However, it also means they have to pay some taxes and extra money, totaling ₹21.57 crore.
After this news, the company's stock price went down a little bit.
LG Electronics India signed an Advance Pricing Agreement (APA) with the Central Board of Direct Taxes (CBDT).
The agreement eliminates contingent liabilities of ₹487.74 crore.
The company will incur a net tax expense of ₹17.71 crore and a secondary adjustment payment of ₹3.86 crore.
LG Electronics India's shares ended at ₹1,467.00, down by 1.11% on the BSE.
The APA aims to provide certainty regarding tax and royalty obligations.
- Who
- LG Electronics India
- What
- Signed an Advance Pricing Agreement with the CBDT
- When
- Not specified
- Where
- India
- Why
- To eliminate contingent liabilities and clarify tax and royalty obligations
- Company
- LG Electronics India
- Agreement
- Advance Pricing Agreement (APA)
- Contingent Liabilities Eliminated
- ₹487.74 crore
- Net Tax Expense
- ₹17.71 crore
- Secondary Adjustment Payment
- ₹3.86 crore
- Stock Price Change
- ₹1,467.00 (down ₹16.40 or 1.11%)